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Author Topic: Why the rush to gain profit in crypto?  (Read 758 times)
Vaculin
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January 31, 2024, 05:43:33 AM
 #141

Had to say that more and more people become impatient, they easily get bored and give up on things that they can't handle. Most of the new generation wanted to control everything around on their hands but this is impossible in real life and much more in crypto investment. It was hard to accept but this is the truth that only those who understand the nature of crypto investment will win while impatient people fail.

We have to stop thinking of easy money, it is not a healthy mindset. We'd rather think that investment doesn't generate profit right away but it takes several weeks, months, or even years.
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January 31, 2024, 06:10:32 AM
 #142

  The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency, lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good. A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.
   People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.

The truth is that people are usually looking for where things can turn around their financial predicament to liberation. Once they hear any route that will lead to such success they don't wait to know the disadvantage involved. Another thing here is the human action always tend to what they hear and what they see, as most of the influencer always advertised on social Media and shoe how they make money through investment and trading it draw the attention of many poor people who think is so easy to make it and they will jump without proper information about it regarding the losses involved. Trading with deep knowledge is the worst thing person will do was it come to this crypto market because the loss involved can make you hate the system because making money in Bitcoin is not easy as people see it it requires wisdom and been smart, knowing the right time to enter the market and right to mornitor changes. And having full knowledge about some shiltcoin that can failed easily as they lack required standard.

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EarnOnVictor
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January 31, 2024, 06:40:49 AM
 #143

Had to say that more and more people become impatient, they easily get bored and give up on things that they can't handle. Most of the new generation wanted to control everything around on their hands but this is impossible in real life and much more in crypto investment. It was hard to accept but this is the truth that only those who understand the nature of crypto investment will win while impatient people fail.

We have to stop thinking of easy money, it is not a healthy mindset. We'd rather think that investment doesn't generate profit right away but it takes several weeks, months, or even years.
Nicely said but I can't agree with all that you narrated here, especially the remark that the impatient people fail, that can't be an outright result. This is not gambling where such can be good advice, and at times, if you are not impatient, you might not be able to move out of your comfort zone. As impatient might not be good in many ways, being too patient is a curse and one of the reasons why some people will never make it because they are too relaxed. All that matters is to ensure that you do not leave any stone unturned, we should not procrastinate, but we should not overdo things so that it will not affect our mental health. Curiosity, they say is the month of investment, and if you are aware, it could trigger impatient to achieve one's goal, and this has not always been bad for business/investment that is well-informed. This impatient of a thing is relative, it is not always as bad as it is viewed depending on where and how used.

Aside from that, you are right, one has to take it easy, it is not a matter of the rush when you have already started a thing. Especially in the crypto investment, you do not put everything upon your head as if it must be done in a day, neither should you think that others are moving ahead of you and you will need to push it too far. That psychology alone could be detrimental and I must say that it affected me a while ago until I had to advise myself all by myself and I was able to" turn a good leaf" again. Above all, we should do our best and leave the rest, that's the best. After all, we are doing something not that we are idle or goalless.

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January 31, 2024, 08:16:29 AM
 #144

  The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency, lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good. A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.
   People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.

The truth is that people are usually looking for where things can turn around their financial predicament to liberation. Once they hear any route that will lead to such success they don't wait to know the disadvantage involved. Another thing here is the human action always tend to what they hear and what they see, as most of the influencer always advertised on social Media and shoe how they make money through investment and trading it draw the attention of many poor people who think is so easy to make it and they will jump without proper information about it regarding the losses involved. Trading with deep knowledge is the worst thing person will do was it come to this crypto market because the loss involved can make you hate the system because making money in Bitcoin is not easy as people see it it requires wisdom and been smart, knowing the right time to enter the market and right to mornitor changes. And having full knowledge about some shiltcoin that can failed easily as they lack required standard.
Or simply they do become that instantly become that desperate on the time that they would be able to hear out those kind of probabilities on which they do know that it does have that kind of chance on making profits or making that money on which it would really be just that part of human instinct for us to rush in on whatever things that we do see that it does give out that kind of chance. This is why it wont really be that shocking nor surprising that people would really be having that kind of approach when it comes to profits this is why we do really go into different paths and ways on which some do go into the right path and majority would really be going into those wrong things on which it causes for them to have that loses.

When you do step your foot into this market then really be sure that you should really be that wise when it comes to the steps that you would really be making. You are the ones who would really
be the ones to find out which method works for you and which one wont really be doing so. You are the ones who would really be finding those methods
and the ones who would discover which one will really be that sustaining.

R


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Zanab247
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February 03, 2024, 07:47:23 AM
 #145

Quote from: Vaculin
Had to say that more and more people become impatient, they easily get bored and give up on things that they can't handle. Most of the new generation wanted to control everything around on their hands but this is impossible in real life and much more in crypto investment. It was hard to accept but this is the truth that only those who understand the nature of crypto investment will win while impatient people fail.

We have to stop thinking of easy money, it is not a healthy mindset. We'd rather think that investment doesn't generate profit right away but it takes several weeks, months, or even years.
Impatient are the major problem many people are facing in their investment today and it has made many to experience loses many times but if truly you want to put an end to it, just try to be patience whenever the price of BTC is rising because some time the price will rise and fall down before the real bull will begin which is the best time to release your BTC to market.

I think newbies always have such mindset on getting rich easily in their crypto investment because, they lack potential orientation before involving themselves in the crypto investment which is a wrong mindset for anyone to have in his journey.

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February 03, 2024, 08:46:53 AM
 #146

  The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency, lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good. A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.
   People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.

The truth is that people are usually looking for where things can turn around their financial predicament to liberation. Once they hear any route that will lead to such success they don't wait to know the disadvantage involved. Another thing here is the human action always tend to what they hear and what they see, as most of the influencer always advertised on social Media and shoe how they make money through investment and trading it draw the attention of many poor people who think is so easy to make it and they will jump without proper information about it regarding the losses involved. Trading with deep knowledge is the worst thing person will do was it come to this crypto market because the loss involved can make you hate the system because making money in Bitcoin is not easy as people see it it requires wisdom and been smart, knowing the right time to enter the market and right to mornitor changes. And having full knowledge about some shiltcoin that can failed easily as they lack required standard.
Or simply they do become that instantly become that desperate on the time that they would be able to hear out those kind of probabilities on which they do know that it does have that kind of chance on making profits or making that money on which it would really be just that part of human instinct for us to rush in on whatever things that we do see that it does give out that kind of chance. This is why it wont really be that shocking nor surprising that people would really be having that kind of approach when it comes to profits this is why we do really go into different paths and ways on which some do go into the right path and majority would really be going into those wrong things on which it causes for them to have that loses.

When you do step your foot into this market then really be sure that you should really be that wise when it comes to the steps that you would really be making. You are the ones who would really
be the ones to find out which method works for you and which one wont really be doing so. You are the ones who would really be finding those methods
and the ones who would discover which one will really be that sustaining.
The desire to make money is almost magnetic. And why not? We all want to succeed. I think the financial market, especially ETFs and Bitcoin, is a marathon. I've navigated this path, fallen a few times, and learned what true investment wisdom is.

Everyone's path is different. I've found no shortcut or magic technique that ensures success. Trial and error is about finding what works and rejecting the rest. Your approach and method come from personal exploration.

Everyone learns what they need. All part of the process, it may take time and some hard knocks. In addition to growing your money, the market offers a platform for learning how to make successful and sensible decisions. Remember that its about the journey, the lessons you learn, and who you become.

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February 03, 2024, 10:10:04 AM
 #147

   The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency, lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good. A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.
   People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.

I think is just depending on the high bitcoin price we have no again. Once the price of bitcoin rises, there is a big inflow of scammers and "influencers" that want to profit of the new high price. We shouldn't be worrying too much about such things and don't give into any of these people. Just because someone is driven by FOMO and wants to make a huge profit now quickly, doesn't mean we should be changing our strategy. It's good to follow other people to see what else is happening in the community and to stay informed, but this should have no real impact on our own actions. Especially when following a HODL strategy, I wouldn't really care about why other people are taking profits now and selling their coins. It's all about building a long term crypto portfolio and if we trade too often to take profits, then we will spend a lot in transaction cost, as we will have to rebuy the coins later again. For me the biggest issue with fake news is that other sources of information should be contradicting it. And even if everything seems to be showing into one direction it will be helpful to wait for an official statement. Now in the time of AI the number of fake news will likely increase and it becomes more important for us to be cautious and question the news.
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February 03, 2024, 11:07:21 AM
 #148

This is because of wrong information sent to those people , they even believe that bitcoin can make them instant rich and from that they are expecting too much from each investments they bring.
sometimes it is annoying but sometimes we understand them because of lacking of knowledge that bring them to wrong decisioning and wrong expectations.









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